Real GDP Growth Forecasts for the Next 10 Years, by Country
This graphic shows annualized 10-year real GDP growth projections, based on analysis from Ray Dalio’s Great Powers Index 2024.India ranks first among the countries analyzed, driven by robust investment, moderate workforce expansion, and low debt levels.
Notably, India’s infrastructure spending has topped $100 billion annually over the last three years. The country is projected to have the world’s third largest economy by 2027, overtaking both Japan and Germany.
By contrast, the U.S. ranks near the lower end, with a projected annual GDP growth of 1.4%. Constraining this growth are high debt levels, standing at 265% of GDP across the non-financial sector and government debt at 123% of GDP.